How Far Behind Is the Data-Center Building Boom?

Global markets traded mixed on June 3, 2026 as geopolitical tensions in the Middle East and rate-hike concerns weighed on sentiment. European indices edged lower, U.S. markets had sharp moves earlier in the day (Dow down over 600 points), and gold slipped below $4,450 an ounce amid fears of further rate increases. Oil was on track for weekly gains as U.S.-Iran talks stalled, while the dollar eased slightly ahead of U.S. jobs data. Separately, a JPMorgan analysis highlighted delays in the U.S. data-center build-out, underscoring potential supply bottlenecks for AI-related infrastructure. Overall market tone was mixed, with risk assets sensitive to policy and geopolitical developments.